Macclesfield Town FC has announced that Amar Alkadhi has stepped down from his role as the club's acting chairman.

A new chairman is expected to be named shortly, with Mark Blower overseeing the management of this transitional period.

In a statement, the club said: "Mr Alkadhi will remain as majority shareholder until the sale of his stake in the club is finalised and he remains committed to concluding this at the earliest possible opportunity."

Going forward, all financial and operational decisions will now be made at a local level by the new chairman - together with the Senior Management Team (SMT) of Bob Trafford, Caroline Hall, Julie Briggs and Patrick Birch.

The club added: "It is intended that through prudent and diligent financial management, the Club will no longer be reliant on the receipt of overseas funds and as a result, the logistical difficulties often faced previously will no longer be an issue."

To support the chairman and guide the SMT, Macclesfield Town continue to actively seek a chief executive at the Moss Rose.

The club said this is a key role and it is important that the chosen candidate has the right profile and the process will "not be rushed".

The statement acknowledged the controversy that has enveloped the club in recent times, saying: "We recognise how important it is to rebuild bridges and regain the trust of both our stakeholders and fans."